Tag: Hotels/Motels
over 1 year ago
wsj.com

Star Entertainment Hit With Another A$100 Million Fine Over Casino Breaches

UPDATED: Star Entertainment has been fined for the second time in less than two months over a range of issues, includ...

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over 1 year ago
wsj.com

Macau Finally Draws a Winning Hand

The pandemic—and China’s zero- Covid policies—have battered the gambling hub. But good news on license renewals and h...

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over 1 year ago
wsj.com

Macau’s Recovery Is Far Off—But Now Possible to Imagine

Recent signs that the gambling hub’s fortunes are finally changing have lifted sentiment, but investors still need to...

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almost 2 years ago
wsj.com

Blackstone’s Crown Allowed to Open Sydney Casino After Takeover

Blackstone’s bet on acquiring Australian casino operator Crown Resorts yielded an early dividend for the American pri...

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over 2 years ago
wsj.com

Macau Casino Stocks’ High-Rolling Days Are Over

The arrest of the city’s biggest junket operator signals a long recovery for revenue from VIP gamblers from mainland ...

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over 2 years ago
wsj.com

Casino Operator Crown Resorts Engaged in Illegal Behavior, Report Finds

A report commissioned by the government in Australia’s Victoria state stopped short of recommending that Crown be imm...

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over 2 years ago
wsj.com

Macau Casinos’ Uncommon Prosperity Is at Risk

A decadent gambling hub doesn’t fit well with China’s new “common prosperity” mantra. Investors fear a public consult...

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almost 3 years ago
wsj.com

New Variants Seen as Too Contagious for Hotel Quarantines

Australia and China are building new facilities to house international travelers that experts say will be more effect...

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almost 3 years ago
wsj.com

Blackstone’s Bid for Crown Resorts Challenged by Rival Offer

The private-equity giant’s move to acquire Crown and expand its global gambling footprint has been complicated by a n...

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about 3 years ago
wsj.com

Blackstone’s Crown Deal Has Dice Loaded in its Favor

The private-equity giant’s offer for casino operator Crown Resorts has some of the hallmarks of a good deal: a cheap ...

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about 3 years ago
wsj.com

Leaving Las Vegas Is the Right Move for Sands

Las Vegas Sands is selling its properties in Sin City to concentrate more on its core business in Asia. For both the ...

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